Rural Development Ministry Sign MoU with BFIL to Livestock Sector

  • The Ministry of Rural Development (MoD) has signed a Non-Financial Memorandum of Understanding (MoU) with Bharat Financial Inclusion Limited (BFIL) to support the livelihood intervention of DAY-NRLM. 
  • The MoU was signed by Additional Secretary, Shri Charanjit Singh, and Executive Vice Chairman, Shri J Sridharan. 
  • Singh emphasized the importance of livestock in income enhancement and household nutritional needs. 
  • BFIL will work with women in rural areas for financial inclusion through JLGs, with most beneficiaries in the livestock sector. 
  • The MoU includes the establishment of a centralized Project Monitoring Unit (PMU) to support DAY-NRLM at national and state levels. 
  • BFIL will also strengthen the Pashu Sakhis, last-mile extension workers, to provide basic healthcare support to animals. 
  • Other interventions will focus on livestock cluster facilitation, developing an IT-enabled ecosystem, and providing veterinary care and facilitation support to SHG households.
Posted in Current Affairs.